Refer to the following figure.The price of capital is $50 per unit: How many units of labor should the firm use in order to produce 400 units of output at the least cost?
A)100
B)105
C)110
D)115

Question

Refer to the following figure.The price of capital is $50 per unit:  How many units of labor should the firm use in order to produce 400 units of output at the least cost?
A)100 
B)105 
C)110 
D)115

Quizplus · Accepted Answer

The Answer of Refer to the following figure.The price of capital is $50 per unit:  How many units of labor should the firm use in order to produce 400 units of output at the least cost?
A)100 
B)105 
C)110 
D)115

Refer to the Following Figure